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Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25% tariffs on products from Canada and Mexico.
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US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction The Associated PressThe Fed's go-to inflation gauge heated up again CNNKey Fed measure shows core inflation at 2.8%, in line with expectations CNBCInflation Worsened in December. What It Means for Fed Rate Cuts. Barron's
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President Trump renewed his threat to impose 25% tariffs on imports from Mexico and Canada as early as this weekend. The move could raise prices on everything from gasoline to guacamole.
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Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of everything from gasoline and pickup trucks, to Super Bowl party guacamole dip.
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